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Rhode Island sponsor pitches voluntary tax-deferral program for seniors and disabled
Summary
Rep. Carter introduced HB 7567 to create a voluntary property tax deferral program for seniors, disabled residents and disabled veterans, including a proposed $2 million appropriation; witnesses and members debated eligibility, municipal vs. state administration and a 6% annual interest rate in the current bill text.
Representative Megan Carter introduced House Bill 7567, describing it as "about dignity" and saying the voluntary program would allow eligible seniors, disabled residents and disabled veterans to defer property taxes and repay deferred amounts later, typically when the home is sold or transferred. Carter said the bill is intended to keep people on fixed incomes from being forced out of their homes and indicated a $2,000,000 appropriation in the draft language.
Members asked substantive questions about eligibility (the bill as written leaves eligibility determinations to municipalities), how the $2,000,000…
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